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Re: ClaudioV post# 79095

Friday, 06/26/2009 2:26:20 PM

Friday, June 26, 2009 2:26:20 PM

Post# of 733355
Chapter 11 is for reorganization and chapter 7 is for liquidation. Your scenario would be true if WAMUQ was in chapter 7 but they filed under chapter 11 which is a plan to come out of bankruptcy by reorganizing.
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